Carvana inks deal with noteholders to slash debt by $1.2B.
(Reuters) – Used-car retailer Carvana has made an exciting announcement today. They have entered into an agreement with noteholders to reduce their total debt outstanding by over $1.2 billion. This is a significant move for Carvana as they continue to grow and expand in the market.
Reporting by Nathan Gomes in Bengaluru; Editing by Shweta Agarwal
In recent news, the 45th President of the United States, Donald Trump, has taken to Truth Social to share a significant development. He revealed that he has been served a target letter by Special Counsel Jack Smith regarding his role on January 6th. This news has caught the attention of many and sparked discussions about the events of that day.
Renowned political strategist Roger Stone has made a bold claim about the Democratic National Committee (DNC). According to Stone, the DNC has initiated a plan to replace President Joe Biden with a new candidate in the upcoming 2024 election. This revelation has created waves in the political landscape and raised questions about the future of the Democratic Party.
Stay updated with the latest news in this Daily Feed with Tom McGrath. Jack Smith is targeting former President Donald Trump over the events of January 6th, while there are speculations about the Department of Justice under President Biden potentially covering for Hunter Biden. Tune in to get all the details and insights.
President Joe Biden is facing a challenging situation within his own party. After dealing with anti-Semitic language within the top ranks of the Democrat Party, he is now scrambling for a remedy. In an unusual move, President Biden has invited Prime Minister Netanyahu, signaling his commitment to addressing the issue and finding a solution.
(Reuters) – Exciting news from the banking sector! French bank Societe Generale has become the first company in France to obtain a license for crypto services. This is a significant milestone for the bank and highlights the growing importance of cryptocurrencies in the financial industry.
Japan is making strides in the technology race. As it aims to become a global leader, Japan recognizes the need to rapidly expand its computing power. This development is crucial for the country’s competitiveness and its ability to drive innovation in various sectors.
(Reuters) – Social media site Reddit is facing potential fines in Russia. The platform has been accused of not deleting “banned content” as demanded by Moscow. This marks a significant legal challenge for Reddit and raises questions about the regulation of social media platforms in different countries.
The European Union is taking a proactive approach in promoting its policies and standards. It is now lobbying Asian countries to follow its lead in various areas. This move highlights the EU’s influence and its efforts to shape global norms and practices.
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